Leap Venture Studio & Academy, known for pioneering support in the pet care sector, has announced its eighth cohort of startups, marking a significant moment by incorporating its first impact-focused company in society. This decision underscores Leap’s commitment to fostering a more inclusive and influential pet care industry. Among the newcomers is BestyBnB, a startup dedicated to creating crisis care programs and safety nets for pets in need, reflecting a growing trend toward combining entrepreneurial success with the benefit of society.
Driving Change in Pet Care
Since its inception in 2018, Leap Venture Studio & Academy, backed by influential entities such as Mars Petcare, Michelson Found Animals, and R/GA Ventures, has been a catalyst for innovation within the pet care industry of pets. With investments in 45 companies across 15 countries, the accelerator has committed more than $200M in follow-on funding, demonstrating its significant impact on the sector. The inclusion of BestyBnB in its latest cohort not only diversifies Leap’s portfolio but also sets a precedent for future choices, emphasizing the importance of social impact alongside financial success.
Innovative Cohort to Watch
The eighth group, which starts in London and ends in New York City, features a diverse range of companies focusing on different aspects of pet care, from sustainable dog nutrition to advanced diagnostics of pet health. Participating startups, including Omni, GeekoVet, Innovative Pet Lab, Scooch, VetVerifi, and WIMBA, were selected for their potential to transform the industry. These companies will receive $200,000 in funding, along with access to invaluable resources such as mentorship, networking opportunities, and marketing services, courtesy of Leap Venture Studio. The program aims to give these promising startups the tools they need to succeed and make a lasting impact on the pet care landscape.
Looking forward to the Future
As Leap Venture Studio & Academy prepares for its Demo Day on June 13, the pet care industry is watching with anticipation. The success of these startups, especially the social impact-driven BestyBnB, could inspire a new wave of innovation focused on making a positive difference in the world. Rachel Sheppard, Director of Ventures at Mars Petcare, and Brett Yates, CEO of Michelson Found Animals, expressed their enthusiasm for the new cohort, emphasizing the importance of vision, passion, and drive in improving the lives of pets animals and their owners. The next four months promise exciting developments for the pet care sector, as Leap Venture Studio continues to push the boundaries of what’s possible.
